WASHINGTON, D.C. (RFD-TV) — Agriculture Secretary Brooke Rollins says fertilizer prices are trending lower and could continue easing as short-term policy changes and new domestic production capacity take effect.
Rollins says current fertilizer prices are roughly 50% below 2022 highs but remain too expensive for producers. She says recent policy actions include lifting some countervailing duties, opening additional import access and providing transportation flexibility.
USDA officials say those measures are intended to provide near-term relief while larger domestic production projects are built. The department expects newly selected fertilizer facilities to begin coming online in 2027 and 2028.
Rollins says additional price declines could follow if geopolitical pressure surrounding Iran eases and domestic capacity expands. USDA did not provide a guaranteed percentage decline or specific timetable for producer-level fertilizer prices.
The department says its longer-term strategy is to increase the share of fertilizer produced in the United States and reduce exposure to volatile global markets and foreign suppliers.
